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Full text of "Message from the President of the United States, transmitting a report of the director of the Mint, of the operation of that establishment during the year 1816. : January 7, 1817. Read, and ordered to lie upon the table"

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MESSAGE 


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FROM  THB 
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PRESIDENT  OF  THE  UNITED  STATES, 


TRANSMITTING 

A REPORT 


THE  DIRECTOR  OF  THE  MINT, 

OF  THE 

Operation  of  that  Establishment  during  the  Year  18 16. 
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4 

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January  7,  1817. 

Read,  and  Ordered  to  lie  upon  Uio  Tahl^- 


, WASIJINfJTOiV: 


WIET.IAM  -A.  TsAlVIS. 


1JJ17. 


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rniNTED  BY 


To‘the  Senate  and  House  of  Representatiues  of  the 

United  States. 

1 communicate,  for  the  information  of  Congress, 
the  report  of  the  director  of  the  Mint,  of  the  ope- 
ration of  that  establishment  din  ing  tlie  last  year. 

Jz\MES  MADISON. 


January  6tb,  1817. 


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Mint  of  the  United  States.- 
January  1817 
Sir, 

I have  now  the  honour  of  laying  before  you,  a 
report  of  the  operations  of  the  Mint  during  the  last 
year. 

From  the  statement  of  the  T reasurer,  herewith, 
transmitted,  it  will  appear,  that  within  the  above 
period,  there  have  been  struck  and  emitted. — 

In  silver  coins,  67,153  pieces,  amounting  to 
28,575  dollars  and  75  cents;  and  in  copper  coins, 
2,820,982  pieces  amounting  to  28,209  dollars  and 
28  cents. 

The  amount  of  the  latter  wmuld  have  been  con- 
siderably greater,  had  it  not  been  for  a disappoint- 
ment in  the  supply  of  copper.  Measures,  how- 
ever, are  now  taken,  to  prevent  such  disappoint- 
ments in  future.  i 

The  stagnation  which  has  for  some  time  existed 
in  the  circulation  of  specie  currency,  has  almost 
totally  prevented  the  deposits  of  gold  and  silver 
bullion  for  coinage.  But  there  is  now  a prospect 
that  this  will  not  long  continue  to  be  the  case — 
the  Mint  having,  at  this  time,  in  its  vaults  deposits 
of  these  metals  to  a very  considerable  amount. 

The  repairs  of  the  Mint,  which  you  were  pleased 
to  authorize,  are  now  nearly  completed.  A sub- 
stantial brick  building  has  been  ere<;ted  on  the 
site  formerly  occupied  by  an  old  wooden  building; 
and  in  the  apparatus  and  arrangement  of  ma- 
chinery, which  have  been  adopted,  many  important 
improvements  have  been  introduced.  Among 
these  is  the  substitution  of  a steam-engine,  for  the 


[26  ] 


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horse-power  heretofore  employed.  A change 
which,  it  is  believed,  will  not  only  diriiiuisii  the 
expenses  of  the  estaibiisment,  but  greatly  facilitate 
all  its  principal  operations, 

1 have  tlie  honour  to  be, 

Sir,. 

With  the  greatest  respec  t. 

And  esteem,  your  most  obedient  servant, 

R PAl'TKRSOX. 

T- 

Jijtmes  Madison^ 

l^residerd  of  the  Unif-^d 


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1\e&surefs  Office^  Philadelphia^  31^(  December ^ 1816. 

, JAMES  mSH. 


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Trecsui'cr  s ^Jjftct^  Philadelphia^  3 1 ,??  Decemher,  2816. 

JAMES  HUSH.